M3 Wealth Management LLC Purchases New Shares in iShares Russell 2000 Growth ETF $IWO

M3 Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,661 shares of the exchange traded fund’s stock, valued at approximately $537,000.

A number of other large investors also recently made changes to their positions in IWO. AQR Capital Management LLC lifted its position in shares of iShares Russell 2000 Growth ETF by 20.0% during the first quarter. AQR Capital Management LLC now owns 11,492 shares of the exchange traded fund’s stock valued at $2,937,000 after purchasing an additional 1,918 shares in the last quarter. Rhumbline Advisers lifted its position in shares of iShares Russell 2000 Growth ETF by 358.6% during the first quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock valued at $190,000 after purchasing an additional 581 shares in the last quarter. State Street Corp bought a new stake in iShares Russell 2000 Growth ETF in the second quarter worth about $84,862,000. Sei Investments Co. raised its position in iShares Russell 2000 Growth ETF by 8.7% in the second quarter. Sei Investments Co. now owns 182,224 shares of the exchange traded fund’s stock worth $52,093,000 after acquiring an additional 14,563 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new stake in iShares Russell 2000 Growth ETF in the second quarter worth about $62,237,000. 74.88% of the stock is owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO stock opened at $379.69 on Wednesday. The firm has a market cap of $14.69 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a 52 week low of $266.77 and a 52 week high of $380.25. The firm’s 50-day simple moving average is $343.93 and its two-hundred day simple moving average is $335.83.

iShares Russell 2000 Growth ETF Profile

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.